Quote of the Day
"The lesson here is to never bet against human ingenuity, creativity, or progress. In the face of horrific existential threats, while the headlines are terrible, gradual improvements are always taking place beneath the surface."
(Barry Ritholtz)
Markets
- High volume is a signifier of bear markets. (theirrelevantinvestor.com)
- Most corrections don't turn into bear markets. (awealthofcommonsense.com)
- The Nasdaq has been going down for awhile now. (allstarcharts.com)
Finance
- How incentives have been flipped on their head in the world of finance. (youngmoney.co)
- SPAC projections don't look great in retrospect. (wsj.com)
Venture capital
- The investors have funded the most unicorns. (news.crunchbase.com)
- VC anti-portfolio lists are performative nonsense. (hunterwalk.medium.com)
Funds
- Alternative investment funds have been a disappointment. (morningstar.com)
- Capital Group has officially entered the ETF market. (citywireusa.com)
- Rising rates could boost interest in high yield bank loans. (riabiz.com)
Earlier on Abnormal Returns
- Podcast links: paid silos. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: knowing the answer in advance. (abnormalreturns.com)
- When simplicity trumps complexity. (abnormalreturns.com)
- Striking out on your own with confidence. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
